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Geography
What's the cheapest state to buy a house?
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West Virginia is generally thought to be the least expensive state to purchase a house. The median sales price in 2020 is $99,700.
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According to LOANSMART, the cheapest state to buy a house is not limited by geography. Rather, the best way to purchase a house at a discount (or cheaply), is to purchase wholesale via a 'tax deed sale', a foreclosure sale, or from a bank's "real estate owned", also known as the R.E.O. department.
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